His interview with Investsmart said they're burning 500k a month and they've raised 3M in the latest cap raise, prior to that living off an oily rag.
So they have six months post cap raise to get some revenue otherwise it's another cap raise you'd think.
As i said if the clinical studies won't be finished til the end of the year, its going to be tight.
Still a BUY especially at 8 cents or lower, but i think expectations in terms of when the SP will react should be adjusted to 2020.
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2.6¢ |
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Mkt cap ! $29.81M |
Open | High | Low | Value | Volume |
2.2¢ | 2.6¢ | 2.1¢ | $17.69K | 789.3K |
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No. | Vol. | Price($) |
---|---|---|
2 | 99463 | 2.2¢ |
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Price($) | Vol. | No. |
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2.6¢ | 199999 | 1 |
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No. | Vol. | Price($) |
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1 | 95363 | 0.022 |
3 | 303245 | 0.021 |
3 | 580000 | 0.020 |
1 | 220000 | 0.018 |
1 | 75000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 199999 | 1 |
0.030 | 135109 | 3 |
0.031 | 133599 | 2 |
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